PROF Code: Proforma Invoice
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PROF means proforma invoice in the ISO 20022 document type code set. In trade transactions, a pro forma invoice is a document that states a commitment from the seller to sell goods to the buyer at specified prices and terms. It is used to declare the value of the trade. It is not a true invoice, because it is not used to record accounts receivable for the seller and accounts payable for the buyer.
- Code
- PROF
- ISO name
- ProformaInvoice
- Status
- Registered
- Last updated
- 2010-11-30
Official definition
In trade transactions, a pro forma invoice is a document that states a commitment from the seller to sell goods to the buyer at specified prices and terms. It is used to declare the value of the trade. It is not a true invoice, because it is not used to record accounts receivable for the seller and accounts payable for the buyer.
Messages and fields that use ExternalDocumentType1Code
| Message | Element path |
|---|---|
| pacs.002 | TxInfAndSts/OrgnlTxRef/RmtInf/Strd/RfrdDocInf/Tp/CdOrPrtry/Cd |
| pain.002 | OrgnlPmtInfAndSts/TxInfAndSts/OrgnlTxRef/RmtInf/Strd/RfrdDocInf/Tp/CdOrPrtry/Cd |
| pacs.004 | TxInf/OrgnlTxRef/RmtInf/Strd/RfrdDocInf/Tp/CdOrPrtry/Cd, TxInf/OrgnlTxRef/UndrlygCstmrCdtTrf/RmtInf/Strd/RfrdDocInf/Tp/CdOrPrtry/Cd |
| camt.056 | Undrlyg/TxInf/OrgnlTxRef/RmtInf/Strd/RfrdDocInf/Tp/CdOrPrtry/Cd |
| camt.029 | ModDtls/OrgnlTxRef/RmtInf/Strd/RfrdDocInf/Tp/CdOrPrtry/Cd, CxlDtls/TxInfAndSts/OrgnlTxRef/RmtInf/Strd/RfrdDocInf/Tp/CdOrPrtry/Cd, CxlDtls/OrgnlPmtInfAndSts/TxInfAndSts/OrgnlTxRef/RmtInf/Strd/RfrdDocInf/Tp/CdOrPrtry/Cd |
| pacs.008 | CdtTrfTxInf/RmtInf/Strd/RfrdDocInf/Tp/CdOrPrtry/Cd |
| pacs.009 | CdtTrfTxInf/UndrlygCstmrCdtTrf/RmtInf/Strd/RfrdDocInf/Tp/CdOrPrtry/Cd |
| pain.001 | PmtInf/CdtTrfTxInf/RmtInf/Strd/RfrdDocInf/Tp/CdOrPrtry/Cd |
And 65 more messages: see the ExternalDocumentType1Code page.
PROF in other code sets
PROF questions
- What does PROF mean in ISO 20022?
- PROF is Proforma Invoice in the ExternalDocumentType1Code code set: In trade transactions, a pro forma invoice is a document that states a commitment from the seller to sell goods to the buyer at specified prices and terms. It is used to declare the value of the trade. It is not a true invoice, because it is not used to record accounts receivable for the seller and accounts payable for the buyer.
- Where does PROF appear in a message?
- For example in camt.056, element Undrlyg/TxInf/OrgnlTxRef/RmtInf/Strd/RfrdDocInf/Tp/CdOrPrtry/Cd.
All ExternalDocumentType1Code codes · ISO 20022 code sets
The ISO 20022 code names and definitions on this page are reproduced from material published at iso20022.org under the ISO 20022 Intellectual Property Rights policy. This is not the official source: the up-to-date ISO 20022 standards and repository material are published only at iso20022.org. Explanations in our own words are by ZagTrader. ZagTrader is not affiliated with or endorsed by ISO or Swift.